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Get set, update! European Commission publishes finalised SCCs for data transfers On Friday 4 June 2021, the European Commission published the final version of its long awaited standard contractual clauses for transferring personal data outside of the EEA (SCCs).  The new SCCs include some welcome developments, including better alignme... Ransomware: does your board know the right questions to ask? Ransomware attacks are constantly hitting the headlines, with FBI director Christopher Wray recently likening the current spate of attacks to the challenges raised by the 9/11 terrorist attacks. In response, the UK’s NCSC has produced a number of resource... A wrestle with an octopus – the Online Safety Bill. A step too far onto the toes of free speech, or not far enough? The UK government has published its long awaited draft Online Safety Bill, two years after publication of the Online Harms White Paper. But can the bill deliver on the government’s ambitious manifesto commitment to make the UK the “safest place in the wor... UK to capitalise on post Brexit independence in new data strategy Last week was a busy one in the world of data - the UK Government published its response to the National Data Strategy consultation, and laid the ICO’s Data Sharing Code of Practice before Parliament. In relation to the strategy response, the Government c... A Digital Picture is Worth a Thousand Ether: NFTs and Digital Art Recent months have seen an explosion in the popularity (and value) of non-fungible tokens (NFTs).  An NFT is a unique (non-fungible) record on a public blockchain ledger that is capable of being traded (a token) and which represents ownership of a digital... NCSC says think twice about using DLT The UK’s National Cyber Security Centre (NCSC) recently published a short whitepaper on distributed ledger technology (DLT) to help decisions makers in organisations decide whether it is an appropriate technology for their use case. Key benefits of DLT in... We can work it out – competition and data regulators agree blueprint for cooperation in digital markets On 19 May 2021, the Competition and Markets Authority and the Information Commissioner's Office (the Authorities) published a joint statement setting out their shared views on the relationship between competition and data protection in the digital economy... Looking beyond Brexit The UK/EU deal After much uncertainty throughout the Brexit transition period that any UK/EU deal was going to be possible, the Trade and Co-operation Agreement was finally reached at the last minute on 24 December 2020.  As widely anticipated, agreement ... The UK's future prudential regime for banks The UK government confirmed, in its June 2020 statement, that the Capital Requirements Directive V (CRD V) and the vast majority of the Banking Recovery and Resolution Directive II (BRRD II) would be transposed by the required date of 28 December 2020. Ne... From CCCTB to BEFIT: the European Commission's plan to future-proof taxation The Commission's Communication on Business Taxation for the 21st century sets out reams of important tax policy announcements, whilst evidencing what seems like a growing enthusiasm for acronyms on this side of the Atlantic. Even though they may, on the w...